2025 Campus Recruitment Middle Desk Quality Control (...
Bank of China, U.S.A. - New York City, NY
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Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.*To be eligible for campus recruitment program, you can only apply to a maximum of 3 positions.The incumbent will be joining the Clearing Department to assist and perform quality control on the department’s management to regulatory compliance, liquidity, operation, reputation and strategic risks, as well as to support assignments directed from the supervisor and management.Include but are not limited to: Risk ManagementAssist and coordinate department to perform required assignments, including Head Office accounting self-assessment, deliverable to Second line departments, training, and regulatory projectsAssist and conduct ongoing and structured control testing on key procedural processesDevelop, document and implement test scriptsIdentify any gaps and or deficiencies during the control test reviewMake recommendations for remediation and suggest areas for improvementTrack outstanding remediation activity and ensure fulfillment on action plansAssist to perform review and timely deliverable of monthly data for accurate reportingAnalyze and evaluate reportable dataDetermine and investigate variances during the review process as it may indicate quality control issuesAttend mandatory training meetings; complete on-line mandatory training as assignedData ManagementAssist in the departmental Risk Data collection, analyze and reporting processProjectsAssist in special projects and other duties as assigned by supervisor and managementBachelor’s degree in Finance/Accounting/Economics or similar majors required at the time of hiringInternship experience in wire transfer, operation and risk management is preferredBilingual in English and Mandarin requiredInternship experience in covering accounting, statistics, data analytics, communication and reporting is preferredSolid knowledge of Clearing/Wire transfer/Operations/Risk management is preferred. This includes being able to understand and assess workflow processes impacting risks, comprehend self-risk assessments by gathering information, analyze, evaluate inherent risks, perform analysis associated to workflow processes, identify controls to address such risks to mitigate residual risks and manage risk trendsUSD $50,000.00 - USD $70,000.00 /Yr.
Created: 2024-09-07